It will result in an increase in average inventory as larger batches require more time to be completed.
What is Operations Management?
Operations management (OM) is the administration of business practices within an organization to achieve the highest level of efficiency possible. It is concerned with converting materials and labor as efficiently as possible into goods and services in order to maximize an organization's profit.
At its most basic, management is a discipline comprised of five general functions: planning, organizing, staffing, leading, and controlling. These five functions are part of a larger set of practices and theories about how to be a good manager.
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Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called.
Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called Universal Basic Income.
What is a Universal Basic Income (UBI)?UBI is a government scheme in which every adult citizen receives a set amount of money on a regular basis. A basic income system's aims are to reduce poverty and to replace existing need-based social programs that may require more bureaucratic engagement. The concept of universal basic income has gained traction in the United States as automation replaces labor in manufacturing and other sectors of the economy. A recent two-year experiment in Finland in which universal basic income essentially replaced unemployment benefits found that UBI users were no more likely than the control group to obtain new work.To learn more about Universal Basic Income from the given link
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The optimal capital structure is the one where the percentages of debt, preferred stock, and common equity minimize the firm's value. true or false?
This is false that The optimal capital structure is the one where the percentages of debt, preferred stock, and common equity minimize the firm's value.
The best combination of debt and equity financing that increases market value while lowering a company's cost of capital is known as an optimal capital structure. One strategy for aiming for the lowest cost mix of financing is to minimize the weighted average cost of capital (WACC).
Financial management greatly benefits from having the ideal capital structure. It enables a business to efficiently raise the required capital from a variety of sources. The ratio of debt to equity in the ideal capital structure will maximize the firm's wealth. The market price per share is at its highest and the cost of capital is at its lowest with this capital structure.
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If two firms produce very similar products at the same rate of output, and firm A is able to achieve lower per-unit costs than firm B by taking advantage of a new manufacturing technology, firm A is benefiting from
Firm A is benefiting from an experience-curve effect based on process innovation (option A)
What is an experience-curve effect?The experience curve effect is a concept that was introduced by the Boston Consulting Group. The experience curve effect examines the relationship between the experience a company has in producing a good and the efficiency of that production.
The experience curve effect postulates that the more experience a company has in manufacturing a product, the lower its cost of production.
Here are the options:
a. An experience-curve effect based on process innovation
b. Creative destruction
c. Value driver advantages based on product features
d. A learning curve effect based on output differential
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The acquisition of a firm involved with a different production process stage than the bidder is called a _____ acquisition
The acquisition of a firm involved with a different production process stage than the bidder is called a vertical acquisition.
A vertical acquisition occurs when one business buys another that is a member of the same industry but operates at a different production level. A vertical acquisition's goal differs greatly from a horizontal acquisition's goal. A vertical acquisition's primary goal is to ensure the supply of essential items, prevent supply disruption, and limit supply to rival companies, in contrast to a horizontal acquisition, which seeks to lower costs and enhance profit.
For Example, a vertical acquisition is when a clothes firm buys a textile factory. While the latter is a part of the secondary sector and transforms raw materials into finished items, the former is a part of the tertiary sector and provides goods and services to consumers and businesses.
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The systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization is called?
Marketing research is the systematic design, collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing the company.
Market research is the system of figuring out the viability of a new product or service thru studies performed directly with capability customers. marketplace studies allows a enterprise to find out the target market and get evaluations and other comments from clients approximately their hobby in the product or service.
4 not unusual styles of market research techniques consist of surveys, interviews, recognition of businesses, and purchaser observation.
Interviews are a common form of primary marketplace studies that may be both in-intensity or as easy as asking a question. An instance of an interview in market research is while a enterprise calls a cutting-edge purchaser to invite how they may be enjoying a product they lately purchased.
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Describe the relevance of performance standards for today’s knowledge-directed workers.
Knowledge workers employ advanced communication techniques to cooperate and work independently to complete complex jobs, frequently utilizing the most recent technology.
Who are knowledge-directed workers?The ability to learn and adjust to a changing workplace is the most important quality of a knowledge worker.
The following are examples of how performance requirements apply to today's knowledge-directed workers:
The specifics of the requirements for the job requirements are explained by the performance standards. The guidelines that explain the specifics of required employee productivity to both the management and the employee are the performance criteria for each position.Performance standards will assist managers in deciding if a person is qualified for the position or whether they should advance in the organization. Performance standards will be implemented together with performance appraisal. This will reveal whether the person is qualified for the position and where they need to grow. Performance criteria will assist the company in identifying an employee's strengths and limitations as well as their suitability for the position.To know more about knowledge workers, here
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Assuming a periodic inventroy system, the journal entry to record the purchase on account of $1080 of merchandise with freight of $155 prepaid and added to the invoice is?
Assuming a periodic inventroy system, the journal entry to record the purchase on account of $1080 of merchandise with freight of $155 prepaid and added to the invoice is Debit purchases $1080, Debit freight in $155, Credit amt payable $1235.
Because Merchandising Transactions (perpetual inventory system) with expenses takes place in a record book called the journal. The perpetual inventory system is a system of recording inventory balances in the journal entries & Inventory account is adjusted to equal the cost of the merchandise.
Merchandising is the practice and process of displaying and selling products to customers.
Journal is a detailed record of all the transactions done by a business.
Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit.
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A proposed new project has projected sales of $186,000, costs of $90,500, and depreciation of $24,900. the tax rate is 22 percent. Calculate operating cash flow using the four different approaches.
Operating cash flow will be $79,968
A proposed new project has projected sales of $186,000, costs of $90,500, and depreciation of $24,900. the tax rate is 22 percent. Calculate operating cash flow using the four different approaches.
EBIT + Depreciation - TaxesEBIT = S - C -D
EBIT =186,000-90,500-24,900= 70,600
Depreciation = 24,900
Taxes= EBIT x Tax Rate = (.22) x 70,600
= 15,532
EDT= 70,600 + 24,900 - 15,532 = $79,968
Top-down= Sales - Costs - Taxes
= 186,000 - 90,500 - 15,532= $79,968
Tax-shield= (Sales - Cost) x (1 - tax rate) + Depreciation X Tax rate
= (186,000 - 90,500) x (1 - 0.22) + 24,900 x 0.22 = $79,968
Bottom-up= Net income + Depreciation
Net income = EBIT - Tax
Net income = 70,600 - 15,532
= 55,068
= 55,068 + 24,900
= $79,968
What is operating cash flow?
Cash flow from operating activities (CFOA) is the revenue a company generates through ongoing, regular business activities like the creation and sale of goods or the rendering of client services (CFO). It is the first item on a company's cash flow statement.
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If demand for a new model of ford vehicles suddenly doubles, we should expect that:______.
If demand for a new model of ford vehicles suddenly doubles, we should expect that prices will rise.
Demand in economics refers to a consumer's readiness to pay a certain price for products and services as well as their desire to buy them. Demand for a good or service often declines when its price goes up. The amount needed will rise as a product's price drops, in a similar manner. Consumers and companies are quite familiar with the idea of demand since it makes sense and happens organically during the course of almost any day. For instance, when a product's pricing is low, shoppers who are keeping an eye on it will buy more of it. When costs rise, such as with a change in season, consumers may buy less or maybe nothing at all.
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The presence of barriers to entry in a particular market will generally make acquisitions __________ as an entry strategy
The presence of barriers to entry in a particular market will generally make acquisitions MORE likely as an entry strategy.
A primary cause for a company to pursue an acquisition is to: b. reap greater market energy.Top Industries simply went through a restructuring and is experiencing reduced hard work costs.
Diversification of the goods, services and long-term possibilities of your enterprise. A goal commercial enterprise may be capable of provide you services or products which you may promote via your personal distribution channels. lowering your expenses and overheads thru shared marketing budgets, accelerated buying strength and decrease costs
Disclaimer:-Your question is incomplete,for ncomplete quwestion question see below.
The presence of barriers to entry in a particular market will generally make acquisitions __________ as an entry strategy.
a. more likely
b. less likely
c. prohibitive
d. illegal
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Shari'ah law mandates social and economic behavior based on interpretation of the:______.
Shari'ah law mandates social and economic behavior based on interpretation of the Quran.
Behavior is the range of actions and actions performed by an individual, organism, system, or man-made entity in a particular environment. These systems include not only the inanimate physical environment, but also other systems and organisms.
The definition of behavior is the way a person or thing behaves or reacts. A child throwing a tantrum is an example of bad behavior. The chimpanzee behavior studied by scientists is an example of behavior. The way something works or works.
Someone's Behavior (See Sense of Behavior 1) I appreciated the gracious behavior of the hostess. Rewards were given to children who did good deeds. do your best.
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If we compare the united states to france, the u.s. tax wedge is ________ the french tax wedge.
If we compare the United States to France, the U.S. tax wedge is smaller than the French tax wedge.
If we compare the United States to France, we see that potential GDP per person in France is less than that in the United States because the French tax wedge is larger than the U.S. tax wedge. Thus, the U.S. tax wedge is smaller.
The tax wedge is the difference between the price consumers pay and the value producers receive from a transaction. As France imposes the heaviest tax burden on high earners, its tax wedge is larger than the U.S. tax wedge.
Hence, the U.S. tax wedge is smaller than the French tax wedge.
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What has been the average growth rate of u.s. real gdp per person over the past 100 years? in which periods was growth most rapid and in which periods was it slowest?
the average growth rate of U.S. real GDP per person over the past 100 years is 2 percent. 1960s was growth most rapid and in Great Depression was its slowest.
What is GDP?The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.Though GDP is typically calculated on an annual basis, it is sometimes calculated on a quarterly basis as well. In the U.S., for example, the government releases an annualized GDP estimate for each fiscal quarter and also for the calendar year. The individual data sets included in this report are given in real terms, so the data is adjusted for price changes and is, therefore, net of inflation.To Learn more about GDP with the given link
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In the ______ step of the strategy implementation phase of the afi strategy framework, managers would examine how the firm should be structured in order to implement the desired strategy
In the organizational design step of the strategy implementation phase of the AFI strategy framework, managers would examine how the firm should be structured in order to implement the desired strategy. The management and implementation of a company's strategic plan is organizational design.
This implies that best organizational design is determined by the organization's strategy. It also implies that there aren't really any best practices for organizational design. The strategic direction of business, often known as the vision, purpose, and goals of the organizational, influences organizational design. These result in competitive strategy for the business, which the organizational structure supports.
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What are some of the major complexities encountered in developing cooperative strategies such as strategic alliances and joint ventures?
Strategic alliances are generally meant to increase the business strength. Most of the cooperative strategies aim at drawing upon the individual strengths of partners to be more competitive as a single unified unit.
There are a lot of challenges in getting cooperative strategies to work as envisaged during the planning phases. When corporate companies seek cooperation strategies, the hindsight which comes is that most of them compete against each other).
Hence, it is natural that such companies will seek to fulfill their interests first before considering the interests of their partnerships. Then, some companies seek cooperative partnerships with partners who are already having other collaborators.
It also follows that such cooperation lacks commitment. There is also a lack of detailing the operational structure by which operational strategy will be a great success.
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The balance in the supplies account before adjustment at the end of the year is $737. the proper adjusting entry if the amount of supplies on hand at the end of the year is $284 would be:______.
Supplies expense $1,286 (debit)
Supplies $1,286 (credit)
What is Supplies expense?The cost of consumables utilised during a reporting period is referred to as supplies expense. Depending on the nature of the business, this could be one of the most significant corporate expenses.
Supplies are incidental goods that will be used in the near future. When purchasing supplies, the standard accounting procedure is to charge them to expense using the following entry. Debit.
Supplies, in general, are regarded a current asset until they are utilised. When supplies are depleted, they become an expense. If the dollar value of supplies is significant, they can be considered a current asset.
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When determining what a country should specialize in producing, economists chiefly consider:____.
When determining what a country should specialize in producing, economists chiefly consider comparative advantage.
What is comparative advantage and why is it important?
One advantage of comparative advantage is having the capacity to produce a good or service for a lower opportunity cost. Companies that enjoy a comparative advantage can provide their goods and services at lower prices than their competitors, which boosts their profit margins and increases their sales margins.
When a country has a comparative advantage?
When a nation can produce with a lower opportunity cost than its trading partners, it is said to have a comparative advantage. A nation can produce all goods with an absolute advantage, even though it cannot have a comparative advantage in all goods and services.
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QuickMoney LLC is looking to fill its chief executive officer position, as the current CEO is retiring soon. QuickMoney receives applications for this position from many persons, including Joe Thomas, an African-American. Joe is the best-qualified applicant for the job. If QuickMoney does not hire Joe because he is an African-American, the company has engaged in ________ discrimination.
If QuickMoney does not hire Joe because he is an African-American, the company has engaged in color discrimination.
Discrimination is the unfair discrimination of people based on the group, class, or another category to which they belong or are perceived to belong. People may be discriminated against based on race, gender, age, religion, disability, sexual orientation, or other categories.
Discrimination to satisfy the desires of others is also discrimination. An example of this is a landlord refusing to rent an apartment to a person with a particular disability. This is because no other tenant wants that disabled neighbor.
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Lements of financial statements do not include:_________
a) monetary unit.
b) investments by owners.
c) comprehensive income.
d) losses
Lements of financial statements do not include monetary unit.
A monetary unit of currency, such as the US dollar or the Mexican peso. All transactions are measured in currency units and represented in book currency units. This is the currency unit commonly used in the country. For example, in the United States, all accounting records are kept in US dollars.
Crimes are committed for the purpose of obtaining financial gain in connection with money, or the mechanism by which it is introduced and circulated in the economy, or the monetary policy of the government.
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Why would the difference between income computed under full costing and income computed under variable costing be relatively small if a company used a jit inventory management system?
First of all, we have to understand what is Full costing, Variable Costing, and JIT Inventory Management System.
Full Costing
Full costing also know as absorption costing. It allocate all cost to the specific product like fixed cost, variable cost etc.
Absorption costing consider all kind of cost whereas variable costing will only consider cost in variable in nature.
Variable Costing
Variable cost is a method were we only account for those cost that are varied over production output. It will not be a good tacker of profitability but it will help in decision making.
Inventory Management System
JIT stands for Just in Time Inventory. Where basic idea is to buy inventory whenever required, this system doesn't allow holding inventory.
Now coming to the question of why the difference is small when we are operating under JIT Inventory management System is as follows:-
1. Working capital - It is designed to be exceedingly low, so the investment in working capital is very less and will reduce inventory holding cost.
2. Obsolete inventory - Since inventory levels are so low, there is little risk of having much obsolete inventory which in turn will result in less loss.
3. Process time. A thoroughly implemented JIT system should shorten the amount of time required to manufacture products, which may decrease the quoted lead times given to customers placing orders. So the fixed cost will not be incurred on rent etc because of low/ less holding of inventory.
Because of the above factor difference is too small.
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What type of capital does eskom obtain
Answer:
Capital can be in the form of equity and debt, and this is of particular importance as well for government because government is the primary shareholder and Eskom relies heavily on government support – be it in the form of loans or equity or guarantees
Explanation:
My sister has been given a loan for $10,000, and she deposited the full loan amount into her checking account. How would this be reflected on her bank’s balance sheet?
Answer:
Loans and deposits would increase by the same amount as the deposit
Paul currently has an investment portfolio that contains 2 stocks that have a total value equal to 1000000, what is the portfolio required rate of return?
Paul has 2 stocks whose portfolio required rate of return is based on the value of $100,000. The correct answer for the portfolio given is 14% rate of return.
What is a Portfolio?A Portfolio is a combination of financial investments.
These investments include various financial instruments such as bonds, stocks, cash or cash equivalents, commodities, futures, swaps, options and other derivatives.
People hire portfolio experts to manage their portfolio on their behalf because they have more knowledge than the owner of that portfolio.
These portfolio managers often charges some fees from their clients for the services they render them.
Investment portfolio are prepared by keeping in view their risk appetite of the clients.
Some clients are risk averse who can accept lesser returns while some clients are risk takers who wants more returns and are ready to accept more risk.
In the given question there are two stocks which has total value of $100,000.
The returns are :
Portfolio A $40,000 , Ra is 20%
Portfolio B $60,000, Rb is 10%
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The sensitivity of a stock's return to the return on the market portfolio is called the stock's?
The sensitivity of a stock's return to the return on the market portfolio is called the stock's Beta.
Beta is a measure of a stock's volatility relative to the overall market. By definition, the market has a beta of 1.0, similar to the S&P 500 Index, and individual stocks are ranked by how much they deviate from the market. Stocks that fluctuate more than the market over time have beta values greater than 1.0.
The stock market, stock market, or stock market, is a collection of buyers and sellers of shares that represent ownership of companies. These may include securities listed on public stock exchanges.
Place where shares of publicly traded companies are traded. The primary market is where companies go public in an initial public offering (IPO) to raise capital.
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What are some of the principal reasons why project management has become such a popular business tool in recent years?
The project management has become such a popular business tool in recent years because Better resource management.
The importance of project management in an organization cannot be overemphasized. Done right, it makes every part of your business run more smoothly. This allows your team to focus on important work without being distracted by unwieldy tasks or out-of-control budgets.
The purpose of project management is to help anticipate risks and challenges that may affect project completion. Apply best practices and use modern software tools to help plan, control, and monitor the people, processes, and other components necessary for project success.
In the late 1970s and early 1980s, project management techniques became more accessible with the widespread availability of project management software for personal computers to many businesses in the mid-1980s.
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Which type of satisfaction describes whether an employee is satisfied with aspects such as pay, benifits, and job tasks?
Cognitive job satisfaction measures how satisfied employees are with certain aspects of their work, such as: B. Wages, Working Hours, or Social Security.
Job satisfaction is defined as an employee's satisfaction with their job. This goes beyond day-to-day operations and covers satisfaction with team her members/managers, satisfaction with company policies, and the impact their work has on employees' personal lives.
There are two levels of job satisfaction: effective job satisfaction and cognitive job satisfaction. Effective job satisfaction refers to an individual's overall emotional response to work. Cognitive job satisfaction measures how satisfied a person is with their job.
Job satisfaction measures how satisfied, comfortable, or content a person is with their job. It is the pleasant or positive emotional state that results from evaluating one's work and work experience.
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When implementing the razor-razor-blade strategy, companies make their profit from:________
When implementing the razor-razor-blade strategy, companies make their profit from complementary goods.
What do complementary goods consist of?
A good that complements another by adding value to it is called a complementary good. They are therefore two products that the consumer utilizes in tandem. Take cereal and milk or a DVD and a DVD player as examples.
When a complementary good is absolutely necessary, as, with gasoline and an automobile, that situation arises. A supplementary good, however, might enhance the value of the first product. Take pancakes and maple syrup as one example.
What Is An Example Of Complementary Goods?
The following are some instances of complementary goods:
Tennis racquet and ballsSim cards and mobile phonesCars and GasBurger and Burger BunsPlayStation and Games.Learn more about complementary goods with the help of the given link:
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What is the term structure of interest rates, and how is it related to the yield curve?
The term structure of interest rates refers to the link between bond yields or interest rates and different terms or maturities. The term structure of interest rates is referred to as a yield curve when it is graphed, and it is extremely important in determining the state of an economy at any one time.
Generally speaking, the term structure of interest rates is a useful indicator of expectations for future economic growth. A substantially positive normal curve is a hint that investors expect future inflation to be high and robust economic growth. Three opposing theories have garnered the most interest throughout history.
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If an economy is operating on its production possibilities frontier (ppf), are there any unemployed resources in the economy?
If an economy is operating on its production possibilities frontier (ppf), there are no unemployed resources in the economy because the curve will select the best possible economy.
what is production possibilities frontier (ppf)?
The production possibility frontier (PPF) is a curve that helps to determine which product will best efficiently utilize available results.
The curve can also select a mix of product considering opportunity cost, economies of scale as to which product is best.
The selection will make an economy operating on PPF to have enough jobs for people.
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According to the net present value decision rule, an investor who is considering a project which has a net present value of $1 would?
According to the net present value decision rule, an investor who is considering a project which has a net present value of $1 would accept the investment.
According to Knight, "Net present value is the present value of the cash flows at the project's needed rate of return compared to your initial investment." It's a way to determine your return on investment, or ROI, for a project or expense, in more concrete terms.
A set of cash flows that happen at various dates are considered to have a net present value or net present worth. The amount of time between now and a cash flow determines the present value of that cash flow. The discount rate is another factor. NPV takes time value of money into account.
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